3 Beds
1 Bath
1,122 SqFt
3 Beds
1 Bath
1,122 SqFt
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,122 sqft
Price per Sqft $106
Subdivision Carver Court
MLS Listing ID 180759
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,122
Year Built 1944
Annual Tax Amount $585
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Residential
Property Description
Located minutes from Tuskegee University, this updated 3-bedroom, 1-bath home sits in one of the strongest rental markets in Macon County. Tuskegee University continues to drive housing demand year after year, making this an excellent opportunity for investors, parents of students, or anyone looking for reliable rental income.
The property comes with something investors love but rarely find: a consistent 17-year rental history. This isn't a property with hypothetical numbers or "potential." It has a proven track record of producing income.
The home has generated $650 per bedroom, or approximately $1,950 per month in gross rental income. That's actual rental history, not wishful thinking and creative spreadsheet math.
Major updates have already been completed, including a newer HVAC system, approximately one year old, a new sump pump in the basement, and kitchen appliances that are approximately three years old. Translation: fewer surprise expenses and fewer maintenance headaches.
Inside, you'll find an updated kitchen with a gas cooktop, washer and dryer connections, and a practical layout that works well for student housing, faculty housing, or traditional long-term tenants.
Parents of Tuskegee University students should take note. Instead of paying rent for the next four years, consider owning the property and renting the additional bedrooms to other students to help offset expenses.
Conveniently located near Tuskegee University, downtown Tuskegee, shopping, restaurants, and everyday amenities.
Properties this close to campus with a documented 17-year rental history, proven income, and recent major updates are becoming harder to find. Whether you're looking to add a cash-flowing rental to your portfolio or secure housing near campus, this one deserves a look.
Run the numbers, schedule a showing, and bring your offer before someone else beats you to it.
Location
State AL
County Macon
Area Outside Lee Co
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Updated Kitchen
Heating Heat Pump
Cooling Heat Pump
Flooring Ceramic Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Fence Chain Link
Pool None
Utilities Available Natural Gas Available, Water Available
Amenities Available None
View Y/N No
View None
Porch Front Porch
Building
Lot Description < 1/2 Acre, None
Story 1
Entry Level One
Foundation Crawlspace
Level or Stories One
Schools
Elementary Schools Tuskegee Public Elementary
Middle Schools Tuskegee Public Elementary
Others
HOA Fee Include None
Tax ID 15-01-02-1-003-001-0000